Michael Gallagher Email and Phone Number

Senior Business Execution Consultant - Tasked with managing relationships between Wells Fargo Consumer Finance and Capital Markets third-party providers. Accountable for driving performance optimization, mitigating enterprise risk, and ensuring alignment of third-party activities with Wells Fargo's customer strategies. Proactively identify and address performance obstacles to enhance productivity and profitability while ensuring compliance with Wells Fargo policies, audit findings, and regulatory mandates.• Manage the complex third-party business needs for the Consumer Lending Division.• Reduced audit finding by 100% utilizing self-assessment review and preemptive adaptation to a consistent changing regulatory environment.• Partner with technology experts achieving streamlined process for customers reducing loan times by 5 days.• Propelled enhanced real time data reducing information lag by 50%. • Reduce expenses by 15%, negotiation favorable terms and conditions during contract renewals. • Collaborate with internal and external stakeholders to achieve goals and meet risk related deadlines achieving 100% success rate.• Innovate internal reporting used to track vendor performance, risk, and compliance. • Proactively reached across multiple lines of business reducing duplicative work while streamlining processes.• Navigate stakeholders and third parties through changing compliance requirements. • Design invoicing documentation and reconciliation procedures to ensure invoice accuracy.• Establish governance and regulatory routines to minimize risk.• Liaison with legal management on all items requiring counsel. • Challenge current business models scrutinizing vendor usage for redundancy and expense savings.• Initiate requests for third party proposals to support staff augmentation and reducing new hire costs by 100%.• Evaluate risk/reward scenarios to moving work offshore lowering costs by 32%,

Business Control Manager – Responsible for the leadership and oversight the third-party portfolio of the Global Risk Division. Manage the end-to-end program for all vendors, consultants, and partners. Accountable for the compliant execution of the third-party program standards and requirements. Provide a direct line to business process owners, allowing for seamless integration of third parties into the line of business work stream.• Operate a 93MM outsourcing budget.• Manage a portfolio of over 100 third parties. • Develop diagnostic reporting to assess risk and improve performance.• Educate process owners on the risk/benefit of outsourcing projects and procedures. • Through consolidation of work products, reduced number of third parties by 30%, increasing efficiency and reducing risk.• Initiated and coordinated requests for proposal producing over 5MM in savings in 2019.• Introduced improved third-party management processes reducing red metrics by 67%.• Member of the Global Risk Governance Counsel to identify, manage and escalate where appropriate Third-Party Risk. • Train and coach vendor managers to efficiently manage their vendors.• Support the Global Information Security team with assessments, business continuity, and third-party information security. • Partner with Procurement to assess new and existing vendor relationships, review strategic direction, and weigh risks.• Third-Party Learning Steward for the Risk Leaning Council to develop and manger training for external learners. • Map processes and procedures to streamline work efforts.